Industrial Flex
For Sale
Contact for pricing
Pending
1901 NW 32nd Street #6, Pompano Beach, FL 33064
The I-1X zoning supports a range of industrial and service-related uses.
Property Size10,500 SF
Days on Market45
Property Features for 1901 NW 32nd Street #6
General Information
Standard status
Pending
Size
10,500 SF
Property subtype
Industrial
Zoning
I-1X
Additional Details
Highway Access
Yes
Property Use
Industrial Warehouse/Flex Space
Building Details
Year Built
1987
Listing Agency:
Random Penguin Capital Realty LLC
(786) 419-7978
Listed By:
Patricia Sardinas · License #3544623
(980) 875-7413
Source:
Isaacsrealestate
Added: Sep 18
Changed: Oct 28
Last Checked: Oct 28 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Random Penguin Capital Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Bay 6 is a 925-square-foot industrial flex space within an industrial complex. The property was built in 1987 and is available for immediate occupancy. Its I-1X zoning supports industrial, warehouse, distribution, contractor, storage, light manufacturing, and service-related uses.
The location offers access to I-95, Florida’s Turnpike, Sample Road, and Powerline Road in Pompano Beach.
The location offers access to I-95, Florida’s Turnpike, Sample Road, and Powerline Road in Pompano Beach.
Key Highlights
- Approximately 925 SF of industrial warehouse/flex space
- I‑1X zoning
- Built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,506
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,270,120
$1.3M
Cap Rate 7%
$907,229
$907.2K
Cap Rate 9%
$705,622
$705.6K
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$93.2K $8.88/SF
− Vacancy
−$2.5K −$0.24/SF
EGI
$90.7K $8.64/SF
− OpEx
−$27.2K −$2.59/SF
NOI
$63.5K $6.05/SF
Area
Pompano Beach, FL
Vacancy
2.70%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,270,120
Cap Rate 7%
$907,229
Cap Rate 9%
$705,622
Alternative Uses
Best Use
Flex RnD
$2.00M
$1.75M – $2.33M
NOI $140,049 @ 7.0% cap · market cap 6,729.89%
Second Best
Warehouse
$1.10M
$963.9K – $1.29M
NOI $77,114 @ 7.0% cap · market cap 3,705.62%
Theoretical Best
Office A
$4.10M
$3.58M – $4.78M
NOI $286,650 @ 7.0% cap · market cap 13,774.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,519
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33064, FL
62,429
Population
26,641
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
82%
High-School Grad
10.2 sq mi
ZIP Area
6,120
Density / Sq Mi
$66,269
Median Household Income
$35,090
Median Earnings
$1,689
Median Rent
$293,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The I-1X zoning supports a range of industrial and service-related uses.
Where is this flex space located?
The property is located at 1901 NW 32nd Street #6 Pompano Beach, FL.
What are key features of this property?
This property features: Approximately 925 SF of industrial warehouse/flex space; I‑1X zoning; Built in 1987
